Thailand flag Thailand: Operating a Business in Thailand

Starting a business in Thailand

Legal Forms of Companies

Public Limited Company
Number of partners: Minimum 15 shareholders.
The board of directors must have a minimum of 5 members, at least half of whom must have a domicile in Thailand.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: Liability is limited to the amount contributed.
Private Limited Company
Number of partners: Minimum 3 partners.
Capital (max/min): Minimum capital: THB 15 (share’s value must be at least THB 5)
Shareholders and liability: Liability is limited to the amount contributed.
Unregistered ordinary partnership
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Partners' liability is joint and several.
Registered ordinary partnership
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Partners' liability is joint and several.
Limited partnership
Number of partners: No minimum.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is limited to the amount contributed for sleeping partners and unlimited for active partners.
The Competent Organisation
Department of Business Development
Company Directories
Stock Exchange of Thailand
 
Setting Up a Company Thailand East Asia & Pacific
Procedures (number) 5.0 7.3
Time (days) 6.0 29.7

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Thailand.
Thailand Company Registration
Department of Business Development

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Latest Update: June 2022

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